Triton American Energy Provides Target Date of 2 Weeks for Production of Well Numbers 30 and 35
16 Octubre 2006 - 5:00AM
Business Wire
Triton American Energy Corp. (OTC PK: TRAE), provider of natural
gas and crude oil, is pleased to report its subsidiary Triton
American Well Service, LLC (TAWS) is continuing to receive strong
test results from well numbers 30 and 35. These wells are located
on the northeast corner of the Blackwell Lease. Management now
anticipates production of the two oil wells to commence within two
weeks. During this time, TAWS will continue to lateral jet drill
and complete the remaining 10 wells. For more information, please
contact Investor Relations at (973) 351-3868 for Stephen Taylor or
visit our website at: www.tritonamericanenergycorp.com About Triton
American Energy Corporation: Triton American Energy is an
independent crude oil and natural gas and oil exploration and
production company based in Houston, Texas. The company's business
plan is structured to take advantage of today�s rising energy cost,
while reducing as much financial risk as possible. Tritons niche or
specialty are the small to moderate operations (usually 1-50 well
projects). These wells can be worth hundreds of millions of dollars
in revenue but require more hands-on attention then the major
producers are willing to give. Safe Harbor Statement under the
Private Securities Litigation Reform Act of 1995: Except for
historical information, the forward looking matters discussed in
this news release are subject to certain risks and uncertainties
which could cause the Company's actual results and financial
condition to differ materially from those anticipated by the
forward-looking statements including, but not limited to, the
Company's liquidity and the ability to obtain financing, the timing
of regulatory approvals, uncertainties related to corporate
partners or third-parties, product liability, the dependence on
third parties for manufacturing and marketing, patent risk,
copyright risk, competition, and the early stage of products being
marketed or under development, as well as other risks indicated
from time to time in the Company's filings with the Securities and
Exchange. Triton American Energy Corp. (OTC PK: TRAE), provider of
natural gas and crude oil, is pleased to report its subsidiary
Triton American Well Service, LLC (TAWS) is continuing to receive
strong test results from well numbers 30 and 35. These wells are
located on the northeast corner of the Blackwell Lease. Management
now anticipates production of the two oil wells to commence within
two weeks. During this time, TAWS will continue to lateral jet
drill and complete the remaining 10 wells. For more information,
please contact Investor Relations at (973) 351-3868 for Stephen
Taylor or visit our website at: www.tritonamericanenergycorp.com
About Triton American Energy Corporation: Triton American Energy is
an independent crude oil and natural gas and oil exploration and
production company based in Houston, Texas. The company's business
plan is structured to take advantage of today's rising energy cost,
while reducing as much financial risk as possible. Tritons niche or
specialty are the small to moderate operations (usually 1-50 well
projects). These wells can be worth hundreds of millions of dollars
in revenue but require more hands-on attention then the major
producers are willing to give. Safe Harbor Statement under the
Private Securities Litigation Reform Act of 1995: Except for
historical information, the forward looking matters discussed in
this news release are subject to certain risks and uncertainties
which could cause the Company's actual results and financial
condition to differ materially from those anticipated by the
forward-looking statements including, but not limited to, the
Company's liquidity and the ability to obtain financing, the timing
of regulatory approvals, uncertainties related to corporate
partners or third-parties, product liability, the dependence on
third parties for manufacturing and marketing, patent risk,
copyright risk, competition, and the early stage of products being
marketed or under development, as well as other risks indicated
from time to time in the Company's filings with the Securities and
Exchange.
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